XRP Price Trades Below $1.40, Can It Stabilize And Rebound?

XRP price extended losses and traded below $1.40. The price is now consolidating losses and faces hurdles near $1.3980 and $1.40. XRP price started another decline and traded below the $1.40 zone. The price is now trading below $1.40 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $1.3820 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.40. XRP Price Dips Further